83,032 JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 761,636 shares of the company’s stock after purchasing an additional 83,032 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $38,364,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JPST. Rose Capital Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $543,000. Integrated Wealth Concepts LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after buying an additional 37,846 shares during the last quarter. First Citizens Financial Corp grew its position in shares of JPMorgan Ultra-Short Income ETF by 31.8% in the 3rd quarter. First Citizens Financial Corp now owns 139,734 shares of the company’s stock valued at $7,038,000 after buying an additional 33,723 shares during the last quarter. Worth Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 81.2% during the 3rd quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock worth $9,450,000 after acquiring an additional 84,093 shares in the last quarter. Finally, Beacon Financial Advisory LLC raised its stake in JPMorgan Ultra-Short Income ETF by 14.0% during the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock worth $8,533,000 after acquiring an additional 20,732 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPST traded up $0.02 on Friday, reaching $50.30. The company had a trading volume of 9,167,335 shares, compared to its average volume of 6,954,212. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79. The stock has a market capitalization of $42.55 billion, a PE ratio of 109.35 and a beta of 0.02. The stock has a 50-day moving average price of $50.34 and a 200-day moving average price of $50.49.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.